NOT LISTED FOR SALE

1418 S 5th Ave Des Plaines, IL 60018

Estimated Value: $291,000 - $356,000

3 Beds
1 Bath
964 Sq Ft
$338/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $230,000 $239 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,195/month

5 Days on Market

Highlights

  • Property is near park
  • Recreation Room
  • Wood Flooring
  • Forest Elementary School Rated 10
  • Ranch Style House
  • Workshop

About This Home

As of October 2022

Original owner says it's time to sell! Don't pass up this opportunity to bring your creativity to this 3 bed, 1 bath property with full basement in desirable neighborhood. Forest elementary school 1/2 block away, Algonquin Middle School 1 block and Maine West High School about 2 blocks away. How much better location can you ask for! Many homes in neighborhood have sold for much more - but this one needs your help. Hardwood floors in living room are covered by carpet but bedrooms floors give you and idea of current condition. Kitchen and bath are original and waiting for your ideas. Full basement can use updating and would be a great family room/play room/ Guest space = you decide. Property being sold AS-IS, see disclosures for specifics. Flippers Rehabbers, those with skills to do a property makeover, see this one today before it's too late.

Last Agent to Sell the Property

Joe Marella

Keller Williams ONEChicago License #471010653 Listed on: 08/17/2022

Keller Williams ONEChicago

Co-Listed By

Jean Marella

Keller Williams ONEChicago License #475137560

Last Buyer's Agent

Chris Demos

@properties Christie?s International Real Estate License #475135317

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,302

Year Built

  • Built in 1955

Lot Details

  • 7,039 Sq Ft Lot
  • Lot Dimensions are 55x128
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 964 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room with Study Area
  • Wood Flooring

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Forest Elementary School
  • Algonquin Middle School
  • Maine West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Porch
  • Property is near park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,302

Year Built

Built in 1955

Lot Details

7,039 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 964
  • Other Equipment: CO Detectors, Sump Pump
  • Room Type: Recreation Room, Workshop, Foyer, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • OtherStructures: None
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Forest Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Algonquin Middle School
  • Junior High/Middle School #2: Iroquois Community School
  • Elementary School #2: Iroquois Community School

Lot Info

  • Lot Size Acres: 0.1616
  • Lot Dimensions: 55X128
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6302.25
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 6, 2022
Sold by
Gowin Zola B
Bought by
Schmidt Kallopi
Seller's Agent
Joe Marella
Keller Williams ONEChicago
Buyer's Agent
Chris Demos
@properties Christie?s International Real Estate
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%
Views
108
Current Estimated Value
$325,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,605
Avg. Annual Appreciation
10.50%
Original Mortgage
$187,680
Interest Rate
8.38%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schmidt Kallopi -- Citywide Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schmidt Kallopi $187,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $230,000 -4.2% $239 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $240,000 -- $249 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,454 $30,000 $6,336 $23,664
2024 $5,454 $24,000 $5,280 $18,720
2023 $818 $24,000 $5,280 $18,720
2022 $818 $24,000 $5,280 $18,720
2021 $952 $20,855 $4,400 $16,455
2020 $6,302 $20,855 $4,400 $16,455
2019 $858 $23,433 $4,400 $19,033
2018 $955 $20,403 $3,872 $16,531
2017 $922 $20,403 $3,872 $16,531
2016 $1,517 $20,403 $3,872 $16,531
2015 $1,733 $17,356 $3,344 $14,012
2014 $1,661 $17,356 $3,344 $14,012
2013 $1,659 $17,356 $3,344 $14,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11492425

Midwest Real Estate Data (MRED)

APN: 09-19-412-019-0000

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